Blockchain, Tech & Entertainment

GDAX Will be Supporting Bitcoin Cash by 2018

GDAX, a crypto exchange operated by Coinbase, has announced that it will initiate support for Bitcoin Cash (BCC, BCH) later this year.

In a blog post, GDAX general manager Adam White said that after initially opting to not support the new asset, the exchange has “examined all of the relevant issues” and decided to support the new cryptocurrency.

Mr. White wrote:

“Once supported, customers will be able to withdraw bitcoin cash from GDAX. We’ll make a determination at a later date whether or not we will also support trading of bitcoin cash. In the meantime, all customer’s bitcoin cash will remain safely stored on GDAX.”

Although there is no clear target date for this to happen, White said that GDAX should be integrated to their platform by January 1st 2018.